Seventy farmers in Morgan County joined together to hire Rusty to spray their crops one time (with his dustcropper plane). These farmers have formed a:
a. business trust.
b. cooperative.
c. franchise.
d. joint venture.
d
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Which of the following statements is not true?
a. Operating leverage refers to the extent to which a company's net income reacts to a given change in sales. b. Companies that have higher fixed costs relative to variable costs have higher operating leverage. c. When a company's sales revenue is increasing, high operating leverage is good because it means that profits will increase rapidly. d. When a company's sales revenue is decreasing, high operating leverage is good because it means that profits will decrease at a slower pace than revenues decrease.
Under Fiedler's model, the level of influence a leader has in his or her immediate work environment is called __________ control
Fill in the blank(s) with the appropriate word(s).